world economy, page-17

Luap well said , this re-action to Greece is way over blown . to me it's just that this time of the year for 3 years in a row now has seen rampant panic and I think that people are self fulfilling prophecy "by anticipating a great pullback and then trying to act ahead of such pullback therefore creating the pullback" ... looks like U.S. will be growing around 2-2.5% for 2012 , China 6-7% but who really knows . German growth still seems adequate . I say kick Greece out of the Euro zone and let the socialists feed on themselves. as for the rest of Europe decades of early retirement,union benefits and other socialist idealogies are going to have to be scaled back ...the problem will be the balancing act of instituting austerity while promoting growth . the U.S. has a lot of the same problems as "most" people understand entitlements have to be cut back but no one wants "their" entitlements to be the one cut ....keep a close eye on U.S. elections in Nov. if Romney wins watch for a whiplash on stocks and economy , if not and Comrade Obama wins we are in trouble . just my opinion mind you .... luck keep up the good work SEA